May US Empire Fed manufacturing index 24.3 vs 24.0 expected
New York-area manufacturing survey data Prior was 26.3 New orders +28.9 vs +26.9 prior Prices…
Expected
China April Industrial Production 9.8% y/y (expected +10%) & Retail Sales 17.7% y/y (expected +25.0%)
China’s economy is performing well, but do be aware of the substantial ‘base effects’ coming…
Japan PPI data for April +3.6% y/y (vs. expected 3.1%)
Japan PPI for April +0.7% m/m+3.6% y/yProducer Price Index is inflation at a business-to-business level…